When she asked him for the loan, he told her to “go to the bank like everyone else.”
Warren Buffet He is an American investor and businessman, recognized for being one of the undisputed leaders in finance. Despite being one of the richest men in the world, Buffett has been a simple lifestyle and has demonstrated this in raising her children.
The HBO documentary Becoming Warren Buffet revealed that in 2006, The daughter had asked the millionaire for a loan of 41,000 dollars to renovate her kitchen after having a baby and she refused. But why did she do it?
Warren Buffet
Warren Buffett: why he refused the money
Despite having a fortune of more than $142 billion, Warren Buffet told his daughter “Go to the bank like everyone else.” This is because the tycoon has a cautious approach to money, even with his children.
He decided to raise his children financially that way: to get by. Buffett has made it clear that He does not plan to leave his fortune to his children. and has decided that his wealth will be managed by a charitable trust overseen by his three offspring, who will be the trustees.
His daughter said in an interview: “I completely agree with his idea of not showering his children with money,” stressing that her father’s decision is sensible and that she and her siblings support his approach.
Source: Ambito
